MinedBlock Project [ Mining As A Service ]

By Moon45 | Hellooo | 10 May 2019


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MinedBlock offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation, mining multiple crypto assets without the need to buy, configure and maintain expensive mining equipment.  Founded in 2018, London based crypto-mining firm MinedBlock is one that stands out from the crowd, with a number of key unique selling points (USPs) and a keen eye for sustainable growth.

MinedBlock vision is to become a major player in the field of cryptocurrency field and has most of the infrastructure needed to process transactions and create new cryptocurrency assets. This will allow MinedBlock investors to obtain a significant return on investment while using a positive growth strategy to position themselves as the "Amazon" of the crpto mining industry.

MinedBlock provides mining services as a company that manages all equipment and ensures that they operate with the lowest operating costs and efficiency possible throughout the day. This Cryptocurrency mining company is able to offer this level of professional service as it will launch an extraction facility focused on generating the highest possible market capitalization, in order to ensure a broad range of business flows customer income. MinedBlock will help to improve the decentralization of altcoin and strengthen its own decentralization through the international distribution of data centers.

MinedBlock considers mining as a fundamentally decentralized function that is becoming increasingly centralized along with the hash power. Increasing the cost of support and the hardware power of the Required balancing has made it difficult for large enterprises to scale and centralize their processes. MinedBlock intends to change this policy to provide security-regulated offerings, extracting them from hardware and maintenance, and enabling allowing token holders to profit from the mining activity.


Mining Strategy

MinedBlock will constantly monitor mining activities and switch between altcoins when success rate and difficulty change. The ultimate goal is to maintain maximum efficiency during operations to increase profits and minimize resource losses. The company will also determine whether to use existing mining pools or rely on its own hash rate for best results. In terms of hardware, Minedblock will combine custom GPU mining units and ASIC rigs. All mining hardwares will be frequently replaced and resold when using different ASIC vendors to avoid centralization and improve customer diversity.


MinedBlock Business Model

 

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MinedBlock will provide fully managed mining services designed to operate 24 hours a day, 7 days a week and at the lowest operating cost. MinedBlock will create a dedicated extraction site that aims to obtain several of the top 50 coins by market capitalization in order to offer various benefits to customers.

95% of MinedBlock will be owned by the token holders and the remaining 5% will be MinedBlock Limited. MinedBlock Holding Limited will hold 75% of the total mining services provided and each profit will be distributed to token holders every each month. The balance 25% will be held by MinedBlock Ltd and will be used to manage and expand mining sector services and be used to reduce circulating Supply over time.

MinedBlock performs the functions of its platform to extract different types of numeric tokens. This makes it a new trend in which no other platform offers digital content discovery services that can simultaneously receive other types of digital currencies. MinedBlock provides its own digital assets in the form of MBTX and MBTU. These two tokens can be obtained directly during the purchase period of the currently sold token. Users can get both at the same time, depending on the process previously defined by MinedBlock. This purchase requires the user to first enter the whitelist. This is for users who really want to receive a token during the offer. During this registration process, users will have to deal with the KYC verification process.

MinedBlock project's operating costs are lower than those of other companies because the location chosen is in line with sites considered to have mining potential. MinedBlock will continue to benefit from the current large commercial market, even though it has not yet professionally managed the entire platform. The platform has many projects to implement in the future, one of them being to manage the use of electricity resources classified as highly consumed. This directly affects the electricity bill to be paid. It is well known that mining activities consume a lot of energy because the current process is indeed very complex. This helps miners successfully unlock encryption keys.


Benefits of MinedBlock

 

* The geographic location chosen to setup mining farm will provide huge benefits to the project.

* MinedBlock determine green energy by generating green resources, which at EC contributes to increasing production.

* Investors will get huge benefits by investing in MinedBlock. Since 75% of them will receive mining production, 25% will be used by the MinedBlock team.

* Tokenization helps to make every mining farm operations and business transactions to go transparently. Thus every mining participants have clear picture about every mining operation being done.

* MinedBlock owners can also express their token during future voices of developments and mining farm extensions.

* The MinedBlock teams decision to offer tokens through STO will increase the credibility over classical ICO model.

 

MinedBlock Dual Token Concept

 

MinedBlock utilizes two distinct tokens in their activity model which is involved a Security Token empowering an easy revenue and a Utility Token which empowers access to compensation as you go mining administration.

The MinedBlock application uses two tokens, those are security tokens, and Utility token. The MBTX symbol is assigned to the security token and the MBTU symbol to the utility token. MBTX tokens are the first choice to maintain security. This token is a PolyMath ST-20 security type token. The participation of this token is passive, which means that the token is not used for transactions in other types of digital currency exchange transactions. But this does not prevent the MBTX marking from being used for trading. What distinguishes the MBTU token is that the MBTX token symbol can only be achieved by trading with security tokens. Due to the high level of security of this label, the number of buyers and laps for this token is limited. The promised profit of the token is a profit of 75%.

 

MINEDBLOCK TOKEN (MBTX)

 

MBTX is an abbreviation of MinedBlock Token. It is the token of choice and the traditional token of the MinedBlock platform. It will be used for all forms of transactions on the platform to keep the value of the token.
MBTX is a Security token because MBTX holders are eligible to become investors in MinedBlock Limited and are eligible for certain revenues or incentives from the Mining Management Department. MBTX Security Marketer (STO) currently uses the fully compatible Polymath ST20 label and will receive a 5% bonus on all purchases. The value of MBTX is estimated at USD 0.15 per Token.


MBTU TOKEN

 

MBTU Token is a utility token. The MBTU token is an ERC-20 utility token that has a number of uses:

* Can be used as a payment method to purchase MBTX security tokens.

* It can be used as a payment to buy or rent a private mining devices.

* can be used to Pay operating costs.

 


MBTU TOKEN

 

* ERC20 Utility Token

* Rent or Buy Private Mining hardware.

* Pay for periodic management fees.

* Profits paid directly to your own wallet.

* Freely tradable

 


ICO Details of MBTX Token

 

* Token : MBTX

* Type : SecuritySTO

* PreICO Price : 1 MBTX = 0.1 USD

* Price : 1 MBTX = 0.15 USD

* Platform : Ethereum/Polymath

* Accepting : BTC, POLY, ETH, Fiat

* Minimum investment : 300 USD

* Soft cap : 1,000,000 USD

* Hard cap : 15,000,000 USD

* ICO TIME : 2019-04-01 - 2019-05-31

* Country : United Kingdom

 


ICO Details of MBTU TOKEN

 

* Token Ticker : MBTU

* Token Type : Utility

* Platform : ERC20

* The total supply : 200 Millions

* Price per Token : $0.10

 


Details of Token Distribution of MBTU Token



* Initial Exchange Offering ( ICO ) Allocation : 115 million

* Airdrop  : 10 Million

* Bounty allocation :  10 Million

* Airdrop to MBTX Holders  : 30 Million

* Team/Reserve  : 35 Million

 

 

TOKEN DISTRIBUTION DETAILS OF MBTX TOKEN

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* Allocated to token sale : 95%

* Allocated to founding team : 5%

 

Details of Allocation of Fund of MBTX Token

 

* Allocated to Mining equipment : 80%

* Allocated to building of data centre : 10%

* Allocated to Reserve : 10%


Monthly Revenue Distribution Details



* Distributed to token holders : 75%


* Allocated to expansion : 10%


* Allocated to operational costs : 10%


* Allocated to Token buy back : 5%

 

Roadmap of "MinedBlock" Project,

 

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People behind the "MindBlock" Project,

 

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Learn more about "MinedBlock" Project,

 

Website : https://www.minedblock.io/


White Paper : https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf

Telegram : https://t.me/minedblockofficial

Twitter: https://twitter.com/mined_block

Facebook : https://www.facebook.com/MinedBlock/ 


Reddit : https://www.reddit.com/r/MinedBlock

 

BNTYOX USER NAME : Sun12

 

 

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